Indel Money NCD August 2026 – Effective Yield 12.12% p.a.

By Jagat Joshi
August 12, 2026

Indel Money Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on August 18, 2026. Indel Money will offer 12.12% interest rates on the NCDs. Indel Money NCD has a rating of A-/Stable by India Ratings & Research Private Limited. The NCDs tenure is for 400 Days, 24, 36, 60, and 72 Months. Check out Indel Money NCD 2026 details here.

Indel Money Business Overview

Indel Money, founded in 1986, is a non-deposit-taking non-banking finance company (NBFC) that mainly focuses on offering goal loans against the pledge of household gold jewellery. Its product portfolio includes loans against property, business loans, and personal loans for customers who mainly reside in rural and semi-urban areas.

Indel Money has its presence spread across 320 branches in Haryana, Uttar Pradesh, Delhi, Madhya Pradesh, Odisha, Maharashtra, Karnataka, Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Andaman and Nicobar, Gujarat, and the union territory of Puducherry. Moreover, the firm has also launched an app on the Google Play Store & and the iOS App Store.

Indel Money NCD August 2026 Details

NCD Issue Open	August 18, 2026
NCD Issue Close	August 31, 2026
Issue Size (Base)	₹250 Crores
Overall Issue Size	₹500 Crores
Price Band	₹1000 per NCD
Interest Rate	Up to 12.12% ** (Annually)
Minimum Investment	10 Bonds (₹10,000)
Listing on	BSE Platform
Tenor	400 Days, 24, 36, 60 and 72 Months
Basis of Allotment	First Come First Serve Basis
DRHP Document
RHP Document

NCD Rating

Rating Agency	NCD Rating
India Ratings & Research Private Limited	A-/ Stable

Indel Money NCD August 2026 Promoters

The promoter of the company is Indel Corporation Private Limited.

How to Apply Indel Money NCD August 2026 Issue?

You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.

Indel Money NCD Review

May Apply

Indel Money NCD August 2026 Tenure & Interest Rates

Opt	Tenure	Payment	Coupon	Eff. Yield
1	400 Days	Monthly	9.00%	9.38%
2	400 Days	Cumulative	NA	9.00%
3	24 Months	Monthly	9.50%	9.91%
4	24 Months	Cumulative	NA	9.50%
5	36 Months	Monthly	10.00%	10.46%
6	36 Months	Cumulative	NA	10.00%
7	60 Months	Monthly	11.00%	11.56%
8	72 Months	Cumulative	NA	12.25%
9	72 Months	Monthly	11.50%	12.12%

Indel Money NCD Allocation Ratio

Category	Allocation
Institutional	10%
Non-Institutional	30%
HNI	30%
Retail	30%

Indel Money NCD August 2026 Lead Manager

Trust Investment Advisors Pvt.Ltd.
Nuvama Wealth Management Ltd.
IDBI Capital Markets & Securities Ltd.

Indel Money NCD August 2026 Allotment Status

Indel Money NCD issue allotment available on MUFG Intime.

Indel Money NCD August 2026 Registrar

MUFG Intime India Pvt. Ltd.
Phone: 022-49186000
Email: indelmoney.ncd2026@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/initial_offer/public-issues.html

Indel Money NCD August 2026 FAQs:

When is Indel Money NCD Open?

Indel Money NCD is to open on August 18, 2026 and close on August 31, 2026.

What is Indel Money NCD Price?

The company has fixed the price at ₹1000 per NCD.

What is Indel Money NCD Base Issue Size?

The NCD Base issue size is ₹250 crores.

On Which platform the Indel Money NCD will list?

Indel Money NCD will list on BSE Platforms.

How to apply for Indel Money NCD?

You can apply from your existing Demat account online and offline.

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.